OPEC

OPEC

Economy
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Saudi Aramco reports 24.7 percent drop in profits for 2023

Oil giant Aramco reported a 24.7 percent decline in profits in 2023 compared to the previous year, as a result of lower oil prices and production cuts.

The New Arab Staff & Agencies
10 March, 2024
Energy
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Iraq reopens North Refinery in Baiji closed for a decade

The New Arab Staff & Agencies
23 February, 2024
Energy
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Angola quits OPEC over oil production quotas disagreement

The New Arab Staff & Agencies
22 December, 2023
Environment
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COP28: OPEC pushes back on fossil fuel phase out

Nadine Talaat
09 December, 2023
Environment
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EU condemns 'out of whack' OPEC attempt to block COP28 fossil fuel deal

The New Arab Staff & Agencies
09 December, 2023
Saudi oil strategy [MediaNews Group/OCR/Getty]
Energy
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Saudi could flood market with cheap oil despite OPEC pledge

The New Arab Staff
04 December, 2023
Energy
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Brazil confirms OPEC+ invite, minister says eager to join

The New Arab Staff & Agencies
30 November, 2023
4 Arab countries are among the largest global fossil fuel contibutors
Environment and Climate
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COP28: Arab states at apex of the global climate hypocrisy

Mohammed El Said

Mohammed El-Said

28 November, 2023
Energy
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Saudi Arabia, Russia cuts to create global oil shortfall

The New Arab Staff
13 September, 2023
MENA
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Iranian and Saudi energy ministers meet in Vienna

The New Arab Staff & Agencies
06 July, 2023
World
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OPEC bans Bloomberg, Reuters and WSJ from Vienna conference

The New Arab Staff & Agencies
29 June, 2023
Economy
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Saudi Arabia selling two-tranche dollar sukuk

The New Arab Staff & Agencies
15 May, 2023
Energy
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OPEC+ output cuts put $100 per barrel oil back in sight

The New Arab Staff & Agencies
04 April, 2023
Energy
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US's Yellen says OPEC+ oil cut bad for global growth outlook

The New Arab Staff & Agencies
04 April, 2023
Energy
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'OPEC+ leaves politics out of decisions': Saudi minister

The New Arab Staff & Agencies
20 December, 2022
COP27: Climate cursed demand 'loss and damage' reparations
Environment and Climate
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COP27: Climate-cursed demand 'loss and damage' reparations

Austin

Austin Bodetti

18 November, 2022
MENA
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OPEC cuts oil demand forecast as economic challenges mount

The New Arab Staff & Agencies
14 November, 2022
Energy
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Iraq wants stable oil prices not above $100 per barrel: PM

The New Arab Staff & Agencies
13 November, 2022
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In-depth
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Over a Barrel

Hugo Goodridge
28 October, 2022
Energy
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Saudis pushed Arab states to issue OPEC+ support statements

The New Arab Staff
20 October, 2022
World
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US officials not invited to Saudi''s 'Davos in the Desert'

The New Arab Staff & Agencies
18 October, 2022